Credit Clear (Australia) Price on August 28, 2024
| CCR Stock | 0.35 0.02 5.41% |
If you're considering investing in Credit Stock, it is important to understand the factors that can impact its price. As of today, the current price of Credit Clear stands at 0.35, as last reported on the 26th of November, with the highest price reaching 0.37 and the lowest price hitting 0.35 during the day. Credit Clear appears to be abnormally volatile, given 3 months investment horizon. Credit Clear secures Sharpe Ratio (or Efficiency) of 0.0924, which signifies that the company had a 0.0924% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Credit Clear, which you can use to evaluate the volatility of the firm. Please makes use of Credit Clear's mean deviation of 2.34, and Risk Adjusted Performance of 0.1006 to double-check if our risk estimates are consistent with your expectations.
At this time, Credit Clear's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 82 M in 2024, whereas Capital Stock is likely to drop slightly above 72 M in 2024. . Credit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Credit |
Sharpe Ratio = 0.0924
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Estimated Market Risk
| 3.13 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Credit Clear is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Credit Clear by adding it to a well-diversified portfolio.
Price Book 2.4831 | Enterprise Value Ebitda 63.6791 | Price Sales 3.7375 | Shares Float 226.9 M | Wall Street Target Price 0.415 |
Credit Clear Valuation on August 28, 2024
It is possible to determine the worth of Credit Clear on a given historical date. On August 28, 2024 Credit was worth 0.31 at the beginning of the trading date compared to the closed value of 0.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Credit Clear stock. Still, in general, we apply an absolute valuation method to find Credit Clear's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Credit Clear where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Credit Clear's related companies.
| Open | High | Low | Close | Volume | |
| 0.28 | 0.30 | 0.28 | 0.30 | 209,259 | |
08/28/2024 | 0.31 | 0.31 | 0.29 | 0.30 | 948,399 |
| 0.30 | 0.31 | 0.30 | 0.30 | 125,958 |
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Credit Clear Trading Date Momentum on August 28, 2024
| On August 29 2024 Credit Clear was traded for 0.30 at the closing time. The maximum traded price for the trading interval was 0.31 and the lowest daily price was 0.30 . The daily volume was recorded at 126 K. The volume of trading on 29th of August 2024 did not affect price variability. The overall trading delta to the closing price today is 6.67% . |
Credit Clear Fundamentals Correlations and Trends
By evaluating Credit Clear's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Credit Clear's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Credit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Credit Clear Stock history
Credit Clear investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Credit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Credit Clear will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Credit Clear stock prices may prove useful in developing a viable investing in Credit Clear
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 415.3 M | 299.1 M | |
| Net Loss | -10 M | -10.4 M |
Credit Clear Quarterly Net Working Capital |
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Credit Clear Stock Technical Analysis
Credit Clear technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Credit Clear Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Credit Clear cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Credit Clear November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Credit Clear stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Credit Clear shares will generate the highest return on investment. By undertsting and applying Credit Clear stock market strength indicators, traders can identify Credit Clear entry and exit signals to maximize returns
Credit Clear Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Credit Clear's price direction in advance. Along with the technical and fundamental analysis of Credit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Credit to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1006 | |||
| Jensen Alpha | 0.3163 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0649 | |||
| Treynor Ratio | 0.7222 |
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Additional Tools for Credit Stock Analysis
When running Credit Clear's price analysis, check to measure Credit Clear's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Credit Clear is operating at the current time. Most of Credit Clear's value examination focuses on studying past and present price action to predict the probability of Credit Clear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Credit Clear's price. Additionally, you may evaluate how the addition of Credit Clear to your portfolios can decrease your overall portfolio volatility.